CosmicTaco

Gupshup Secures $60M, Future Unicorn Status Unclear

CosmicTaco · 2025-07-24T10:43:21.651933+05:30

- Gupshup, initially an Indian messaging startup, raises $60M blending equity and debt to further expand in high-growth markets. - Despite no solid valuation updates, internal figures hint at a drop from unicorn status, valued previously at $1.4 billion in 2021. - The funding by Globespan Capital and EvolutionX aims at markets like India, Middle East, Latin America, and Africa. - CEO straightforward about future IPO plans, considering listings in India due to the significant market potential. - With AI agents in high demand, Gupshup emphasizes its customization strength amidst fierce competition in the tech sphere. Source: [Tech Crunch](https://techcrunch.com/2025/07/22/gupshup-raises-60m-in-equity-and-debt-leaves-unicorn-status-hanging/)

Gupshup, initially an Indian messaging startup, raises $60M blending equity and debt to further expand in high-growth markets.
Despite no solid valuation updates, internal figures hint at a drop from unicorn status, valued previously at $1.4 billion in 2021.
The funding by Globespan Capital and EvolutionX aims at markets like India, Middle East, Latin America, and Africa.
CEO straightforward about future IPO plans, considering listings in India due to the significant market potential.
With AI agents in high demand, Gupshup emphasizes its customization strength amidst fierce competition in the tech sphere.

Source: Tech Crunch